Posted by DigiNomad on 21st of Mar 2024 at 12:44 pm
I would love to see another thrust to get some distance between
price and the uptrending channel line it broke through overnight
and again today. A strong move higher from these levels
would be a very tempting short opportunity (on a reversal trigger).
The channel is well established with many touches, so
redrawing it is not advisable anymore. William O'neill writes
about this setup also.
Three D9's lined up on the upper channel line is not a super
common look...
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SPY/ES oscillating higher after thrusting
Posted by steve on 21st of Mar 2024 at 12:30 pm
SPY/ES oscillating higher after thrusting from triangle
I would love to see
Posted by DigiNomad on 21st of Mar 2024 at 12:44 pm
I would love to see another thrust to get some distance between price and the uptrending channel line it broke through overnight and again today. A strong move higher from these levels would be a very tempting short opportunity (on a reversal trigger). The channel is well established with many touches, so redrawing it is not advisable anymore. William O'neill writes about this setup also.
Three D9's lined up on the upper channel line is not a super common look...